Currently a 2 BR/1bath house rented for $1800/mo, but property was purchased to build a 4 plex. City zoning has already given preliminary approval for this use for this lot- Current house would need to be demolished, but you can collect rent until all the paperwork is finished! This is walkable to FETA restaurant and SOMA Coffeehouse at the corner of High and Henderson and perfect for student apartments or townhomes. Very low parking restrictions as well. City busline is a short walk and within a short bike ride to IU. Owner is a licensed Real Estate Agent.
Active
Price cut: $5K (4/11)
$264,900
405 E Southern Dr, Bloomington, IN 47401
2beds
960sqft
Est.:
Multi Family
Built in 1925
-- sqft lot
$257,500 Zestimate®
$--/sqft
$-- HOA
What's special
- 66 days
- on Zillow |
- 190 |
- 5 |
Zillow last checked: 7 hours ago
Listing updated: April 11, 2025 at 06:02am
Listed by:
Kelly Harding Cell:812-345-6813,
Millican Realty
Source: IRMLS,MLS#: 202505233

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Natural Gas, Other
Cooling
- Wall Unit(s), Multi Units
Features
- Flooring: Mixed
- Basement: Crawl Space,Wood
Interior area
- Total structure area: 960
- Total interior livable area: 960 sqft
- Finished area above ground: 960
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: Off Street, Private, Off Street Parking, Aggregate
- Has uncovered spaces: Yes
Features
- Levels: One and One Half
- Stories: 2
- Patio & porch: Deck, Porch Covered
- Fencing: Chain Link,Fenced
Lot
- Size: 5,967.72 Square Feet
- Dimensions: 51 x 117
- Features: Irregular Lot, 0-2.9999, City/Town/Suburb, Near Walking Trail
Details
- Additional structures: None
- Parcel number: 530809201024.000009
- Zoning: RM
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Bungalow
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1925
Utilities & green energy
- Electric: Duke Energy Indiana
- Gas: CenterPoint Energy
- Sewer: City
- Water: City, Public, Bloomington City Utility
- Utilities for property: Cable Connected
Community & HOA
Community
- Subdivision: None
Location
- Region: Bloomington
Financial & listing details
- Tax assessed value: $135,400
- Annual tax amount: $2,846
- Date on market: 2/20/2025
- Inclusions: Building, Land, Other
- Lease term: Month To Month
- Total actual rent: 21600
- Tenant pays: Electricity, Heating
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